Medical debt on credit reports: harmful and unnecessary
Part 2: What is Credit Reporting, and How Does It Harm People with Medical Debt?
Accessing and maintaining good credit is essential to achieving economic mobility. However, a derogatory mark on a credit report can likewise significantly harm one’s life. When an individual struggles to pay off medical debt, the resultant poor credit report can...
Medical Debt and Credit Reporting: A CCLP Deep-Dive, Part 1: Introduction
Low credit scores can wreak havoc on a person’s life. From housing to employment, it can take years for a person’s credit score to recover from a derogatory mark. An account in collections remains on a credit report for seven years, even if the debt has been settled...